4 days ago
- Automotive
- Indianapolis Star
Is Monro Auto Service and Tire Centers closing stores near me? Where to find Indiana locations
Monro Inc. recently announced 145 stores were closing across the U.S. after reporting a 4.9% decrease in sales in the 2025 fiscal year ending March 29, according to the company's latest earnings report released by president and CEO Peter Fitzsimmons.
Company leaders identified key areas to boost sales and earnings, including closing the doors to more than 100 "underperforming stores," said Fitzsimmons, a partner and managing director of global consulting firm AlixPartners. Fitzsimmons replaced former president Michael Broderick on March 31.
Here's what we know:
The Fairport, New York-based company reported sales decreased 6.4% to $1.195 billion from $1.277 billion during the previous 2024 fiscal year, according to the release. Net loss for fiscal 2025 was $5.2 million compared to net income of $37.6 million in the prior year period, the release continues.
A look at Monro Auto Service and Tire Centers locations on the company's website on June 4 read: "Monro Auto Service and Tire Centers has 8 Locations in IN." However, only three locations are still listed. An Anderson location redirects to a Fishers Tire Barn Warehouse, which is another brand owned by Monro Inc.
Other Indiana locations confirmed closed via by employees, search data or website redirects:
One former Central Indiana store manager recalled being told their sales percentages were up 150% year-over-year over the last six months, yet he said Monro Inc. shuttered the store without warning to any of the employees, despite the store earning recognition in 2024. He also noted the company won't rehire any of the employees for three months.
Monro Inc. officials did not return IndyStar emails seeking comment or to verify information.
A Monro spokesperson told USA TODAY the company was not releasing the full list of the stores slated for closure "at this time."
Monro has more than 1,300 locations. More than 1,200 are owned by the company and 48 are franchised, according to information from Monro's website and the Rochester Democrat and Chronicle, part of the USA TODAY Network.
Monro Inc. owns several brands with multiple stores throughout the U.S. Those brands include:
